$699,900

261 Highland Ave Passaic, NJ 07055

Estimated payment $4,825/month

Total Views 563
6 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Attention investors! Don't miss this prime multi-family investment opportunity located in the heart of Passaic. This DUPLEX two-family property at 259-261 Highland Ave is tenant-occupied, providing immediate rental income, with strong upside potential for the right buyer willing to make value-add improvements. Each unit offers 3 bedrooms and 3 bathrooms, spacious layouts, and the property includes a full basement ideal for storage or additional rental possibilities. While the home does require repairs and updates, this is the perfect chance for an investor to unlock significant equity and maximize cash flow through renovations. Conveniently located near public transportation, major highways, schools, and shopping, this property is in a high-demand rental market, making it a solid long-term hold or repositioning opportunity.

Listing Agent

Ismail Saleh

EXP Realty, LLC Listed on: 08/19/2025

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,129

Lot Details

  • 5,750 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 53 / 4104.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,129

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • Co List Office Phone: 866-201-6210
  • MLS Status: Active - Active
  • Directions: Between Cental & Lexington
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Sde/Sde
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 5750.0

Tax Info

  • Tax Annual Amount: 12129.0
  • Tax Block: 4104.
  • Tax Lot: 53

Map

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 For Sale $699,900 -- --
Source: New Jersey MLS

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Source: New Jersey MLS

MLS Number: 25029740

New Jersey MLS